$250,000. he said today he's not ready to give ground. >> keep going, keep going, stop. >> here's what i can do, i can't give tax cuts to the top 2% of americans. 86% of that money going to people making a million dollars or more, and lower the deficit at the same time. so there you have it. the president has the balancing act not just between populism and confidence in business, but also stimulating the economy in the short term and reducing the deficit in the long term. and what the president talked about was putting in place some measures, especially after this deficit commission reports in december that will take effect in the out years and don't slow the economy down in the near term, thomas. >> john harwood, thanks so much. staying on the subject of the economy, we have an official declaration today that the worst recession since the great depression is over.